Investors in retirement typically gravitate toward solid companies producing consistent returns over the years. You don't want to be selling your stocks at temporarily depressed prices to finance your income retirement needs, so soundness is of utmost importance for retired investors.
In that spirit, companies such as Colgate-Palmolive (NYSE:CL), Nike (NYSE:NKE), and Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) are top candidates for investors in their golden years. Investment decisions are ultimately about balancing risk and potential rewards. Big and established companies such as Colgate-Palmolive, Nike, and Berkshire Hathaway are unlikely to deliver explosive gains over a short period of time. However, they have what it takes to continue producing consistent returns over the years, so they are world-class investment alternatives for investors in retirement to consider buying.